Can I use my business Ein number for content creating

[Ssmith18]

Hi, I just became a Content Creator and I will be getting paid for views and engagements and I have to complete tax paperwork. Here's the thing:

I am a nail tech with an LLC and only about 40% of my content will be about nails [how-to's and etc], 40% gaming [watching me play games] and 20% vlogs of my life. Can I use my nail business ein number eventhough only 40% will business related?

[ElizabethD7]

No, since being a nail tech and a content creator are two separate businesses, you should not use the same EIN. You can either be a sole proprietor for the content creator or register a new LLC.  An LLC can also be an S corp for tax purposes, by filing Form 2553. Assuming you do not have any partners, report each business on a separate Schedule C (self-employment) on your Form 1040 personal tax return, whether it is a sole proprietorship or an LLC.

[cputman]

Since your nail tech business is an LLC, then no you can not use the EIN number for any other business. Each business (like a multi-member LLC, corporation, or partnership) requires its own unique EIN for federal tax purposes. If you own multiple businesses, and they are structured as distinct legal entities, each needs a separate EIN. 

[Ssmith18]

Ok noted.

I am a single sole member small business. I have been trying to link with the right people for help for questions like these but I'm told I'm too small for a cpa and etc. Thankyou. 

1. So if I decide to do content where it's 100% about my business then it's ok?

2. Is there a such thing as having an llc and then different portions...like: 

Rachel's Lane LLC then have attached Rachel's Gaming, Rachel's Nails, Rachel's Cooking... like computers and subfolders so I won't have so many llc or etc.? [sorry, I'm trying to explain]

[ElizabethD7]

You're never too small for a CPA. You just haven't found the right small business CPA yet.  Keep looking until you find one you can trust. 

You still have to maintain separate books for each business.  Even if you did 100% nail content creation, they are still two separate businesses.  I know LLC fees in some states are expensive.  You may decide you don't need an LLC.  

Forming a business entity like an LLC or corporation is almost never a bad idea, but it isn't always an absolute necessity for a solo business owner. To decide whether you need an LLC, consider:

• Whether you plan to have partners, employees, or outside investors.
• Whether you have significant contracts or creditors that might lead to financial problems or lawsuits. For example, an unpaid creditor or court judgment could easily cause personal financial trouble if you own commercial real estate, but that's much less likely for most consultants and Etsy sellers.
• Whether you want to have the additional expenses and obligations of forming and running an LLC. There's a fee to form an LLC, and in most states, you must file annual reports and pay an annual fee. You will also need a separate LLC bank account.
• If you're trying to limit your business liability, make sure you have adequate business insurance. If you have business partners, employees, or significant risks, an LLC can provide another important layer of protection.